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BEDROOMS4
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KITCHENS21
ROOMSS8125468
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Property Description
ATTENTION INVESTORS! Seize this exceptional opportunity in downtown Orillia with this corner lot, positioned in an expanding City. This prime investment includes two 1-bedroom units, one 2-bedroom unit, and professional commercial space with offices and reception area. Recent enhancements encompass newer windows, a skylight, refreshed asphalt driveway, updated exterior doors, and a modernized electrical panel. Comprehensive financial details are readily available. Capitalize on this chance to anchor your investment portfolio in Orillia's thriving downtown area.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-16 | 2023-10-19 | 125 | $899,000 | - | Expired |
Property Features
Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
50' x 90'
Lot Irregularities
50.00 Ft X 89.00 Ft X 50.04 Ft X 89.60
Fronting
North
Taxes
$5,310 (2023)
Basement
Full, Unfinished
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Orillia Market Statistics
Orillia Price Trend
80 Nottawasaga St is a 4-bedroom 4-bathroom home listed for sale at $769,900, which is $15,100 (1.9%) lower than the average sold price of $785,000 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 4 bedroom home in Orillia increased by $55,000 (7.5%) compared to the previous 30 day period (February 28 - March 28) and down $45,000 (5.4%) from the same time one year ago.Inventory Change
There were 13 4-bedroom homes listed in Orillia over the last 30 days (March 29 - April 27), which is down 18.8% compared with the previous 30 day period (February 28 - March 28) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Orillia typically sold ($16,444) (2.1%) below asking price over the last 30 days (March 29 - April 27), which represents a $11,556 decrease compared to the previous 30 day period (February 28 - March 28) and ($9,900) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Orillia over the last 30 days (March 29 - April 27) stood at 30.8%, up from 18.8% over the previous 30 days (February 28 - March 28) and down from 53.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Orillia stood at 20 days when successfully sold over the last 30 days (March 29 - April 27), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Right Move
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